971 Valencia Key Largo, FL 33037
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Acreage
MLS Listing ID 2026015979
HOA Y/N No
Annual Tax Amount $1,673
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions Appraiser
Property Sub-Type Residential
Property Description
One of the rarest finds in the Florida Keys — a cleared homesite in Key Largo with construction already underway. Foundation poured, structural pillars in place, and architectural plans available for a 3-bedroom, 2-bathroom, 1,600 sq ft residence. Plans require recertification through Monroe County prior to resuming construction.
The real value here is what money cannot simply buy in Monroe County: the right to build. ROGO — the state's Rate of Growth Ordinance — strictly limits new construction permits throughout the Florida Keys, with allocations nearly exhausted and a potential moratorium on the horizon. Most buyers wait years for the opportunity to build here. This parcel puts you ahead of that line.
Located blocks from John Pennekamp Coral Reef State Park, the first underwater park in the United States, with world-class diving, snorkeling, and the full Florida Keys lifestyle at your doorstep. One hour to Miami.
All permit and plan recertification to be independently verified by buyer.
Location
State FL
County Monroe
Community Acreage
Area Oa01 - Out Of Area
Direction East
Rooms
Bedroom Description NaN
Interior
Furnishings Furnished
Fireplace No
Exterior
Community Features Non- Gated
Utilities Available Electricity Available, Sewer Not Available, Water Not Available
Waterfront Description None
Water Access Desc None
Present Use Single Family
Garage No
Building
Lot Description Rectangular Lot
Faces East
Sewer None
Water None
Others
HOA Fee Include None
Senior Community No
Tax ID 00545440-000000
Acceptable Financing All Financing Considered, Cash
Listing Terms All Financing Considered, Cash
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026015979